Michael Stoler - Buyers should get a grip 03/31/09 Enough bullshit. We all know it's a lousy market, but it's not as bad as some people make it seem.
But unfortunately, some buyers are letting their fears of worst-case scena...
Insurance companies retreat from commercial mortgage lending 03/24/09
A number of prominent insurance companies, once the pillar of lending
for commercial real estate, have become more selective, underwriting
only certain real estate asset cl...
Goodbye to America's mega-music stores 03/17/09
For the Baby Boomers who remember record sizes of 33, 45 and 78 and
names of retailers such as Sam Goody, Tower Records, HMV and Coconuts,
this summer will be momentous: It...
Big-time retailers coming to Paramus 03/10/09
As the recession and economic crisis lingers, luxury retail and
white-tablecloth dining are feeling the effects. But two segments of
the retail market that continue to see ...
These hotel room prices are insane 03/03/09 The former pitchman for the bankrupt electronics retailer Crazy Eddie
said, "These prices are insane." Similarly, visitors to Manhattan have
the opportunity to experience the...
Michael Stoler - Office landlords face reality 02/28/09 Now that we're in the worst business cycle since the Great Depression, a flood of space coming on the market is shaking New York City commercial landlords out of their state of ...
Light at the end of the tunnel 02/26/09 Nearly everyone is preaching doom and gloom about the economy and the
state of the residential and commercial real estate markets. I realize that over
the past few months, ma...
Chinese investors come to US for bargains 02/24/09
During the booming economy in Ireland, Irish investors were rushing to
New York City, entering contracts to purchase new residential
condominiums. With the global recession...
Fire sale on condos, tax credits for first-time homebuyers 02/17/09
In a similar manner to local department and discount stores trying to
move unsold inventory, Toll Brothers recently reduced prices by as much
as 25 percent on its condomi...
Commercial property prices register declines 02/10/09
Commercial property sales prices in the United States posted their
greatest quarterly fall in 22 years, according to an index developed by
the Massachusetts Institute of Te...
Michael Stoler - TARP fails to jump-start commercial lending 02/01/09 The largest commercial banks in the U.S. and Europe are basically out of business when it comes to providing financing for commercial real estate. Unfortunately, the Troubled As...
Real estate market challenges ahead 01/30/09
The keynote panelists at Wednesday's New York Money Summit, hosted by The Real Deal columnist Michael Stoler, discussed the way the economy is changing New York City real es...
Crowne Plaza suffers more than others 01/28/09 Crowne Plaza Times Square Manhattan has been hit particularly hard as business and tourism travel dry up. Since the completion of a major renovation in September, the occupancy
...
Yes, financing is available for NYC hotels 01/20/09 In a time when nearly every bank is sitting on the sidelines in terms of providing
financing for any real estate projects, a few pioneer lenders are
stepping into the tepid, s...
Now is the time to sublease office space 01/14/09 A business looking to sublease space in Manhattan has
truly gained the upper hand in negotiations due to the slowdown in
leasing in 2008, especially during the fourth quarter....
Good Manhattan rental deals to be had 01/06/09 Amid a weakening New York City real estate market, Manhattan renters
are gaining the upper hand as market-rate rents drop and the vacancy
rate rises. For the first time in rec...
Michael Stoler - Hotel builders face 'perfect storm' 12/30/08 If it is your intention to be involved in New York City's hospitality industry, you must have a positive attitude and conviction. As the president of a national chain of boutiqu...
